Fed's Waller Calls for Jul. Interest Rate Cut
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Fed, Jerome Powell and Trump
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Trump wants to replace Jerome Powell with a Fed chair who will do what he wants. But that still may not produce the steep cuts Wall Street is counting on.
Federal Reserve Gov. Christopher Waller on Thursday called for the central bank to cut interest rates in July. Waller said
Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next Fed Chair.
Governor Christopher Waller's comments come as tensions between Fed Chair Jerome Powell and President Donald Trump have reached a boiling point in recent days.
Federal Reserve governor Christopher Waller, a Trump appointee from the president’s first term and a contender to succeed Jerome Powell as chair, said he would accept the top job if offered. “If \[Trump\] says ‘Chris,